Bitcoin
Short

Bitcoin weekly chart Elliot projection starting ATH

164
We are at a bullish trend but since we are here at a resistance zone (and DXY showed a sign of reverse near the important support), it might be interesting to consider a reversal projection based on Eilliot Waves theory; IF this week's high is the end of the (a) wave and the price does not go higher...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.